Further expanding its commitment to growth in Sub-Saharan Africa (SSA), Cargill is acquiring full ownership of the Provimi-branded Cargill Premix & Nutrition SSA business from Astral Foods.
Cargill – through an investment it made in 2012 – owned 75 percent of Provimi-branded Cargill Premix & Nutrition as part of a joint venture with Astral Foods. As part of that investment and to reinforce its commitment to SSA, Cargill built a new premix and base mix facility in Pietermaritzburg. It also assumed managerial control of NuTec Southern Africa at that time and migrated its name and product portfolio into Cargill’s Provimi brand. Cargill has taken that investment one step further by acquiring the remaining 25 percent of that company.